AUD – Central Banks Updates – FXWW Chatroom

Aud – Under a freedom of information request from Bloomberg the RBA advises that Aud still about 2% above TWI valuation model but down from 5% overvaluation in Q4 http://www.rba.gov.au/foi/disclosure-log/rbafoi-141513.html RBA advises that it believes 39 of 75 central banks have aud in their reserves up from 34 2 years ago. Largest declared holdings 10.2% Macedonia and 10% Poland according to RBA (I note based on information that dates from 2013).